- Market worries -The expanding budget also arrives as the market worries about Takaichi's big spending policies adding to Japan's public debts. The 122-trillion-yen figure compares with the 115 trillion yen sought for the current fiscal year to March, which was also a record. Some observers have drawn comparisons to the United Kingdom's 2022 bond market turmoil under then-premier Liz Truss. The current size of the budget is unlikely to shock the bond market, Takahide Kiuchi, executive economist at Nomura Research Institute, wrote in a note before Friday. Kiuchi noted that, under Takaichi, the extra budget quickly ballooned, reaching $18 trillion yen.

Source: Bangladesh Sangbad Sangstha December 26, 2025 09:35 UTC